Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 11/13” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) A dramatic sell-off in Technology stocks led the broader S&P 500 index lower for the third session in a row after. Apple Inc. and its suppliers fell sharply after one of (more…)
S&P 500 OUTLOOK for MON 11/12
NO BULL, NO BEAR – Markets Waiting for A Directional Bias to Emerge post-Midterm! While most of the financial media was predicting the usual “post mid-term” rally in the markets due to the potential Washington gridlock due to the split congress, we issued a “Not So Fast” caution last week and continue to reiterate that (more…)